Sunday, February 21, 2010

Monday Watch

Weekend Recommendations
- Made positive comments on (GTLS), (CASY), (MYL), (WAG), (WFC), (C), (MON), (AU) and (AIMC).

Night Trading
Asian indices are -.25% to +.5% on average.
Asia Ex-Japan Investment Grade CDS Index 113.0 -4.0 basis points.
S&P 500 futures +.37%
NASDAQ 100 futures +.41%

Morning Preview
BNO Breaking Global News of Note
Google Top Stories
Bloomberg Breaking News
Yahoo Most Popular Business Stories
MarketWatch News Viewer
Asian Financial News
European Financial News
Latin American Financial News
MarketWatch Pre-Market Commentary
U.S. Equity Preview
TradeTheNews Morning Report(9:30 am EST) In Play
SeekingAlpha Market Currents Bond Ticker
CNN US AM Market Call
NASDAQ 100 Pre-Market Indicator/Heat Map
Pre-Market Stock Quote/Chart
WSJ International Market Performance
Commodities Futures
IBD New America
Economic Preview/Calendar
Earnings Calendar
Conference Calendar
Who's Speaking?
Politico Headlines
Rasmussen Reports Polling

Earnings of Note
- (CEP)/-.10
- (BRCD)/.15
- (CPB)/.74
- (LOW)/.12
- (PWR)/.21
- (JWN)/.79
- (DNDN)/-.27
- (RSH)/.59
- (PEGA)/.14

Economic Releases
8:30 am EST
- Chicago Fed National Activity Index for January is estimated to rise to -.19 versus -.61 in December.

10:30 am EST
- The Dallas Fed Manufacturing Activity Index for February is estimated to rise +10.0% versus a +8.3% gain in January.

Upcoming Splits
- None of note

Other Potential Market Movers
- The Fed's Yellen speaking, Treasury's $8B 30-yr TIPS auction, $26 bln 3-month and $28 bln 6-month Treasury Bills Auctions, Goldman Tech Conference, CSFB Services Conference, (HON) investor conference and the (XLNX) analyst meeting could also impact trading today.

BOTTOM LINE: Asian indices are higher, boosted by technology and commodity stocks in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed. The Portfolio is 100% net long heading into the week.


cf said...

Congratulations on a clean, new look. Cheers!

Gary said...

Thanks CF!